• Syndication of Financing for a New York Condominium Development Project Together with the Grant of Options for Purchase of Condominium Units
  • August 2, 2013
  • Law Firm: Phillips Nizer LLP - New York Office
  • The New York State Attorney General (“AG”) released a Memorandum on June 19, 2013 (the “AG Memorandum”) which discusses the requirements for the syndication of New York condominium development projects for vacant or new construction condominiums, in which inventors in the syndication are also given the right to acquire a specified condominium unit.